Tex. Nat. Res. Code § 161.129 · Subchapter D. GENERAL OBLIGATION BONDS
TAXATION OF BONDS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Bonds are exempt from any tax by the state and by cities, towns, villages, counties, school districts, and other political subdivisions and public agencies of the state.
Notes and commentary — not statutory text
History
Acts 1977, 65th Leg., p. 2661, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977. Amended by Acts 1993, 73rd Leg., ch. 242, Sec. 1.14, eff. Aug. 30, 1993.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/NR/htm/NR.161.htm
- Text hash
- sha256 97dff478902921f787a986cd9da40797a22c2a93faa291fa016ef32c8494eea4
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.